It's rumoured that NVIDIA is going to acquire Pace Soft Silicon, an Indian mobile multimedia company:
Considering that portable CE devices are gaining incredible market acceptance, NVIDIA eminent decision to acquire Pace Soft Silicon compliments its current strategies. Pace Soft Silicon's portfolio has also recently grown in scope. The company now develops hardware decoding applications for such things as H.264, and now even designs mobile processors. Pace Soft Silicon's impressive list of customers is also an indication of where significant software development is taking place. Notable companies such as ASUS, Microsoft, Motorola, Samsung, Sharp and Symbian all use products and services from Pace Soft Silicon..